Friday, June 17, 2016

Positive opening is expected in the European markets .. after strong pressure being a possible technical type reaction ... DAX

Market comment ..

Reuters
The Economic spreadbetter IG expect the FTSE 100 of Britain will open around 50 points higher, or 0.80% the DAX of Germany will open 112 points higher, or 1.20%, and France's CAC 40 will rise 40 units, or 0.8%;

DAX 30

The DAX futures of ... shortly before the opening of markets are moving with profits of 0.80% at 9645 m .. again above the pivot point of 9,600 meters .. but remained below the Kumo cloud ichimoku .. the voltage still remains bearish ..



DAX futures



The German index as long moving below the level of the strong support of 9770 m .. trend remains bearish .. pending developments regarding the British referendum ...

But it should however be noted ... that is very possible ... the German index despite the concern notice ... to seek a positive reaction points .. just like happened yesterday from the level of 9410 m .. support and positive shade of 120 m from the positive reset .. which allowed the fast stochastic indicator ... a super Sold price band. give input .. as the level of 35.5 m .. with the possible target of 9770 m .. region. with indicator MACD ... but to maintain the output signal .. warning for temporary positive reaction ..



source market data http://www.reuters.com/




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